Major Indonesian Producer Slashes Most PP and PE Prices, PE Sees Sharpest Cuts
PE grades witnessed the steepest reductions. LLDPE film prices were cut by IDR3.63 million/ton, while LLDPE injection grades saw an even larger reduction of IDR3.81 million/ton. HDPE film prices also declined sharply by IDR2.19 million/ton.
PP grades were also adjusted lower, although the reductions were less severe compared to PE. Homo-PP raffia, injection, and BOPP film grades were reduced by IDR1.33 million/ton, while homo-PP film fell by IDR1.12 million/ton. PP random copolymer injection grades decreased by IDR650,000/ton. The only exception was PP block copolymer injection, which recorded a small increase of IDR140,000/ton.
The latest prices on an FD Indonesia, cash basis are as follows:
LLDPE Film
Current Price: IDR 19,740,000/ton
Previous Price: IDR 23,370,000/ton
Change: ▼ IDR 3,630,000/ton
LLDPE Injection
Current Price: IDR 20,640,000/ton
Previous Price: IDR 24,450,000/ton
Change: ▼ IDR 3,810,000/ton
HDPE Film
Current Price: IDR 20,460,000/ton
Previous Price: IDR 22,650,000/ton
Change: ▼ IDR 2,190,000/ton
PP Block Copolymer Injection
Current Price: IDR 22,350,000/ton
Previous Price: IDR 22,210,000/ton
Change: ▲ IDR 140,000/ton
PP Random Copolymer Injection
Current Price: IDR 23,440,000/ton
Previous Price: IDR 24,090,000/ton
Change: ▼ IDR 650,000/ton
Homo PP Raffia & Injection
Current Price: IDR 19,830,000/ton
Previous Price: IDR 21,160,000/ton
Change: ▼ IDR 1,330,000/ton
Homo PP Film
Current Price: IDR 21,090,000/ton
Previous Price: IDR 22,210,000/ton
Change: ▼ IDR 1,120,000/ton
BOPP Film
Current Price: IDR 19,920,000/ton
Previous Price: IDR 21,250,000/ton
Change: ▼ IDR 1,330,000/ton
The latest price cuts highlight growing pressure on Indonesia's polyolefin market as weak demand and comfortable supply continue to weigh on sentiment.
Stay ahead of market trends with the Credco app. For any queries, please reach out via WhatsApp at +91 8448083211
Related on the Wire
- Polymer·Thursday, 17 September 2026
Major Indonesian Producer Lifts PP Prices While Keeping PE Offers Unchanged
A major Indonesian producer has issued fresh domestic PP and PE price lists, with PP offers moving higher while PE prices remain unchanged. The announcement follows an across-the-board rollover at the start of the week. The producer increased all PP offers by IDR540,000/ton ($…
Read story - Polymer·Wednesday, 4 November 2026
Turkey PP and PE Markets Target Further Gains as Prices Reach Four-Month Highs
Turkey’s polypropylene (PP) and polyethylene (PE) markets began November under renewed upward pressure, with initial supplier announcements and higher selling indications suggesting that October’s rally could continue. Despite Brent crude futures falling by more than 7% on Mon…
Read story - Polymer·Monday, 2 November 2026
Turkey’s Polymer Imports Rise Monthly in September but Remain Lower Yearly
Turkey’s total polymer imports increased by 3% month over month in September, although they were 3% below the level recorded in the same month last year, according to ChemOrbis Stats Wizard data. In value terms, imports fell by 6% from August to $608 million. Saudi Arabia was …
Read story - Polymer·Wednesday, 16 September 2026
India’s Domestic Polymer Prices Gain Further Support as Import Costs Rise
India’s domestic polymer market has entered another phase of price increases, with major producers raising prices across PP, PE and PVC as higher international resin values, energy costs and freight rates lift import replacement costs. The recent revisions are giving domestic …
Read story